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Savings and loan association |
Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson | 0.09 sec. |
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Savings and loan association National- or state-chartered institution that accepts savings deposits and invests the bulk of the funds thus received in mortgages. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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California Federal was founded in 1926 as the Railway Mutual Building and Loan Association, which served the employees of the Los Angeles Pacific Electric Railway system, the old "Red Cars" that used to provide urban transportation here. Atlantic Liberty Savings was originally a New York building and loan association serving the Brooklyn community since 1888. Atlantic Liberty Savings was originally a New York building and loan association serving the Brooklyn community since 1888. |
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